Using the P-Value Rule, If a Null Hypothesis Is Not

question 27

Multiple Choice

Using the p-value rule, if a null hypothesis is not rejected at a significance level of .05, it will ________ be rejected at a significance level of .01.

• A) always
• B) sometimes
• C) never

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Definitions:

Quantum Meruit

A legal principle that allows a person to recover the reasonable value of services provided, when no specific contract was made as to payment.

Equitable Estoppel

A legal principle preventing one party from taking unfair advantage of another when their prior actions or words have led to a reliance by the latter.

Consideration

A core concept in contract law that requires a bargain or something of value to be exchanged between parties for a contract to be valid.

Equitable Estoppel

A legal principle preventing someone from arguing something contrary to a claim if a previous action or agreement implied that claim.